Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Smart partnering for Airways helps achieve good results

Smart partnering for Airways helps achieve good half year results

Airways New Zealand has this week reported a solid half-year financial profit of $10.4 million, compared to last year’s half-year result of $5.2 million.

Revenue of $92.4 million to December 2013 compares to $82.3 million for the same six-month period last year – reflecting Airways recent price increases and a 1.8% increase in air traffic volumes.

This strong financial result comes on the back of recent significant achievements in Airways global training business.

At this week’s World ATM Congress in Madrid, Airways CEO Ed Sims announced a training agreement with Inter American University of Puerto Rico (UIPR). This is the second such partnership the company has established this year – and evidence of Airways commitment to growing its global business through smart partnering.

Mr Sims said that Airways agreements with UIPR and Emirates Aviation College to provide air traffic control and air traffic management courses at the two world-renowned training institutions, enabled Airways to build on its existing relationships with the aviation colleges for the benefit of customers in those regions.

“With these partnerships, we can provide our sought-after air traffic services training to customers in Latin America and the Middle East, at top quality aviation training facilities based in their regions. These collaborations combine world-class training expertise developed in the South Pacific, with delivery into key international aviation hubs,” Mr Sims says.

The UIPR training partnership announcement this week follows further success for Airways in the air traffic control training sector. The organisation’s state-of-the-art Total Control simulator was a drawcard of Airways booth at World ATM Congress this week, and it’s attracting widespread interest from similar organisations.

The Cook Islands Airport Authority recently purchased a new operational desktop version of the simulator – called Total Control Performance – and Airways is in discussions with a number of other air navigation service providers who are considering implementing Airways simulator technology into their training programmes.


-- Ends --

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Interest Rates: RBNZ Hikes OCR To 3.5%, ‘Period Of Assessment’ Now Needed

Reserve Bank governor Graeme Wheeler raised the official cash rate as expected, while signalling a pause in rate hikes to assess the impact of moves so far this year. The kiwi dollar sank after Wheeler said its strength was “unjustified” and that the currency could have “a significant fall.” More>>

ALSO:

Fonterra: Canpac Site 'Resize' To Focus More On Paediatrics

Fonterra is looking at realigning its packing operations at Canpac, in the Waikato, to focus more on paediatric nutritionals... The proposed changes could mean around 110 roles may not be required at the site which currently employs 330. More>>

ALSO:

Scoop Business: Postie Plus Brand Gets 2nd Chance With Well-Funded Pepkor

The Postie Plus brand is getting a new lease of life after South Africa’s Pepkor bought the failed retailer’s assets out of administration and said it will use its purchasing power to reduce costs of stock and fatten margins. More>>

ALSO:

Warming: Warming Signs From State Of Climate Report

Climate data from air, land, sea and ice in 2013 'reflect trends of a warming planet' -- says the latest State of the Climate report, launched by U.S. and New Zealand scientists. More>>

ALSO:

Scoop Business: Embrace Falling Home Affordability, Says NZIER

Despair over the inability to afford a house is misplaced and should be embraced as an opportunity to invest in more wealth-creating activity, says the principal economist at the New Zealand Institute of Economic Research, Shamubeel Eaqub. More>>

Productivity Commission: NZ Regulation Not Keeping Pace

New Zealand regulators often have to work with out-of-date legislation, quality checks are under strain, and regulatory workers need better training and development. More>>

ALSO:

Callaghan Innovation: Investment To Help Deepen Innovation Reporting

Callaghan Innovation, the government’s high tech HQ for Kiwi business, is to help deepen New Zealand media coverage of the commercialisation of innovation through an arms-length partnership with independent business news service BusinessDesk. More>>

ALSO:

Tax Credits, Grants: Greens $1Bn R&D Plan

In the Party’s headline economic announcement, the Greens have launched their plan to build a smarter, more innovative economy which has as its centrepiece an additional $1 billion of government investment in research and development (R&D) above current spend, including tax breaks for business. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news